£211,544
This estimated value is based upon the latest sale price for the house of £160,556 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£160,556 | 4 Nov 2016 |
Semi-Detached |
Leasehold |
Floor Area: 95 sq meters or 1,022 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in November 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £160,556 results in an estimated price of approximately £211,544.
4 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £160,556 | £50,988 | £211,544 |
The Postcode Pricing Model uses changes in average sales price within the BL1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -22.621 % | £-36,319 | £124,236 |
3 Month Average | 13.919 % | £22,347 | £182,903 |
6 Month Average | 24.933 % | £40,031 | £200,587 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2023 | £341,638 | £337,500 | 11 MEADLAND GROVE |
3 Aug 2022 | £169,544 | £170,000 | 700 CROMPTON WAY |
27 May 2022 | £91,728 | £90,000 | 11 HIGHGROVE CLOSE |
13 Dec 2021 | £103,924 | £97,000 | 23 HIGHGROVE CLOSE |
8 Dec 2021 | £230,346 | £215,000 | 15 MEADLAND GROVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 4 Jun 2014. Using an estimated price of £211,545 means this house is valued at £2,226 per sq meter (£206 per sq foot).
The average size of a house on CROMPTON WAY is 103 sq meters (1,109 sq feet).